openPR Logo
Press release

Power Rental Market-Aggreko PLC, United Rentals, Inc., APR Energy, PLC, Caterpillar, Inc., Cummins, Inc., Hertz Equipment Rental Corporation, Generac Power Systems, and Rental Solutions & Services, LLC.

01-29-2019 02:48 PM CET | Energy & Environment

Press release from: coherenet market insights

Power Rental

Power Rental

Power rental plants are required for temporary supply of power for industries due to the supply-demand gap in electricity. To avoid financial losses, industries requires a constant power supply. Therefore, industries use additional power by introducing short-term initiatives, such as leasing or renting addition power by using diesel generators to fulfill their need for power.

Major drivers propelling the growth of power rental market globally include rapidly developing construction industry. According to CMI, the global construction industry is projected to expand at a CAGR of 5.8% from 2017 to 2025.

Request For Sample Copy or PDF this Research Report @
https://www.coherentmarketinsights.com/insight/request-pdf/973

Major Players in the Global Power Rental Market:
Some of the major players in the power rental market include Aggreko PLC, United Rentals, Inc., APR Energy, PLC, Caterpillar, Inc., Cummins, Inc., Hertz Equipment Rental Corporation, Generac Power Systems, and Rental Solutions & Services, LLC.
North America led the power rental market and is expected to witness a CAGR of 6.4% during the forecast period. Increasing demand for electricity and challenges in power sector, such as federal carbon policies on carbon emission and meeting energy targets are the main reasons for development of power rental market in this region. The emerging economies in Asia Pacific such as India and China, are expected to propel the growth of power rental market in the region in near future. Furthermore, industries such as construction, event, oil and gas, mining, manufacturing, and shipping have a high requirement for rental electricity for continuous operation. These factors are highly responsible for the growth of the power rental market in Asia Pacific.

On the basis of end users, construction and oil & gas industries held the largest position in 2016, owing to high adoption rate of power rental technologies by industries. According to American Chemistry Council (ACC), 294 new chemical projects started in the U.S. in 2017, due to availability of cheap and abundant ethane and shale gas. The ever increasing demand for oil and gas all over the world is the major factor driving the growth of global power rental market. According to International Energy Outlook, 2016, the global energy demand is set to increase from 268 mboe/d in 2013 to 399 mboe/d by 2040.

For More Information @ https://www.coherentmarketinsights.com/market-insight/power-rental-market-973

Base load/continuous was the largest segment in 2016 and is expected to maintain its position during the forecast period. Base load segment was valued at US$ 5.55 billion in 2016 and is expected to grow at a CAGR of 7.3% during 2017 - 2025.

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Power Rental Market-Aggreko PLC, United Rentals, Inc., APR Energy, PLC, Caterpillar, Inc., Cummins, Inc., Hertz Equipment Rental Corporation, Generac Power Systems, and Rental Solutions & Services, LLC. here

News-ID: 1542733 • Views: 453

More Releases from coherenet market insights

Lab-On-a-Chip Market size (sales, revenue) Industry Forecast by Regions, Countri …
❝ Lab-On-a-Chip Market ❞ 2020 Global Coherent Market Insights presents an in-depth analysis of the Lab-On-a-Chip market size, growth, share, segments, manufacturers, and technologies, key trends, market drivers, challenges, standardization, deployment models, opportunities, future roadmap and 2027 forecast. " Global "Lab-On-a-Chip Market" 2020 Coherent Market Insights is an expert and inside and out examination on the flow condition of the Global Lab-On-a-Chip industry. In addition, the investigate report sorts the
U.S. Contract Research Organization (CROs) Market Evaluation | Dimension | Indus …
CMI Research added a comprehensive research document of 200+ pages on the ‘U.S. Contract Research Organization (CROs) Market’ with detailed insights on growth factors and strategies. It describes the current situation of the U.S. Contract Research Organization (CROs) market by examining in-depth various producers, unions, organizations, suppliers and industries under the U.S. Contract Research Organization (CROs) market. Some of the important players from a wide list of analysis used under
Cannabis Testing Services Market size (sales, revenue) Industry Forecast by Regi …
"Cannabis Testing Services Market″ Report evaluated the historical and current performance of the market, especially highlighting the key trends and growth opportunities. Cannabis Testing Services market report discussed this scenario of market size with reference to volume and share. Cannabis Testing Services market report contains the expansion pattern by the corporate, applications, types, and regions from 2020 - 2026. Cannabis Testing Services market report also covers an in-depth analysis of
Pet Health Products Market Set to Expand Saliently at a Robust CAGR during the F …
The “Pet Health Products Market” Research Report is a resource, which provides current as well as upcoming technical and financial details of the industry to 2027. This report gives you so important and essentials data of Market size, share, trends, Growth, applications, forecast and cost analysis. Delivery development in North America, China, Europe, and South East Asia, Japan as well as in the Globe. The report proves to be indispensable

All 5 Releases


More Releases for Rental

ONLINE AGRICULTURAL EQUIPMENT RENTAL SERVICES
Online Agricultural Equipment Rental platform is a business where you can get all the Agri or farm equipment like the tractors, rice planters, rotavators, power tillers, harvesters, etc. required for various farm activities for a specified time period. The Indian agricultural industry is expected to reach $89,000 billion by 2023 growing at a CAGR of 12.2% from 2018. The demand and supply matrix of agricultural produces has shown us a
Bus Rental in Dubai
Dear respected visitors if you are visiting Dubai & you have no proper plan about transportation and hotel then you will face very big issues with your trip. You must check online and fix with a good reliable company. The mostly used bus type is 15 seater hiace van and we must go for it. 15 Seater Van For Rent By 15 seater van for rent we mean a bus of 15
Global Forklift Rental Market 2017 - Byrne Equipment Rental, Kanoo Machinery, Pe …
The Report describe Forklift Rental Introduction, product scope, market overview, opportunities, risk, driving force also to analyze the top manufacturers, with sales, revenue, and price, market type and application, with sales market share and growth rate by type, application, from 2017 to 2022 The Forklift Rental report is offers a clear picture of the current and future trends, developments and opportunities. The report, prepared by a highly seasoned team of analysts
India Car Rental Market
A research study, titled “India Car Rental Market: Trends, Opportunities And Forecasts (2016-2021)” - (By Value, By Region, By Segment - Radio Taxi, Corporate Rental, Aggregators and Affilators; Key Players; Market Share And Dynamics),” has been recently added by MarketResearchReports.biz to its huge repository of research studies. The research study further provides a detailed analysis of the car rental market in India, focusing on the product segmentation, competitive scenario, and
PorchLight Rental Service Hires Two Rental Account Managers
The Relocation Assistance Firm Adds Experienced Account Executives to Their Company for Relocation Services CLEVELAND, OHIO (August 13, 2013) – PorchLight Rental Service, a leading relocation assistance firm that specializes in finding rental properties and providing destination services for renters, hired Sherry Aurand and Jamie Williams as Rental Account Managers. With several years of experience in account services, Williams and Aurand will provide thorough and consistent guidance during each step of
Ferrari Rental in Miami area
What is a exotic car? A sports car is best described as a high-end sports car which is a luxury that typically can only be afforded by super rich people and which can be considered more status symbols than practical modes of transportation. Luxury cars are most famous because of their super speed and awesome power and also because they catch the attention of all the other drivers on the